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candiotti, thank you very much. >>> toyota hoped massive recalls of its cars were a thing of the past. now it is saying, but wait, there is more. and this time even if you didn't buy a toyota, you could still be at risk. we're going to explain that. >>> in the sky, it was stunning, but what this fireball left behind when it hit the earth will definitely surprise you. >>> also, time for you to weigh in. want to see what you're talking about. go to the social networking sites. reading your comments now. hey what's going on? doing the shipping. man, it would be a lot easier if we didn't have to weigh 'em all. if those boxes are under 70 lbs. you don't have to weigh 'em. with these priority mail flat rate boxes from the postal service, if it fits it ships anywhere in the country for a low flat rate. no weigh? nope. no way. yeah. no weigh? sure. no way! uh-uh. no way. yes way, no weigh-ing. priority mail flat rate box shipping starts at $4.95, only from the postal service. a simpler way to ship. welcome to progressive. nice calculator. i'm just trying to save money on my car insurance. you know
a decade since they evaluated any vehicle this poorly. yet another black eye for toyota. >> that's right. >> it, of course, is the parent company. >> this is a rare and very direct warning for buyers and owners of the lexus gx 460. about 5,000 cars have been sold. consumer reports says do not buy this car. they found significant and severe rollover risk during turns. they do all of these controlled testings, four different drivers found the same problem. they got another vehicle, found the same problem on this one. they say it is not isolated. it is a problem with the electronic stability control system. it manages the brakes and the steering together. so if you're going up an off ramp and there is some sort of an obstacle, you turn quickly, there could be a real rollover risk for people with this car. if you have this car, they say be very careful on any on ramps or off ramps because they're very concerned about the stability of the vehicle in those circumstances. take it to your toyota dealer and demand a fix. if you don't own this car and thinking about it, consumer reports in a very
story, safety tests now being ordered on every suv that is made by toyota. >>> the automaker insisting it wants to put customers at ease after being forced to halt sales of their high-end lexus. consumers reports warned the readers not to buy it after there was potential rollover risks. >> we are tracking the story this morning. you brought us earlier in the week, when we last left, toyota hadn't weighed in. >> toyota has learned a tough p.r. lesson. auto giant moving quickly after the highly respected nonprofit group, consumer reports, warned their readers not to buy the gs-460. a potential stability problem with the $52000 suv. the vehicle's rear end repeatedly slides out in tight turns posing a risk for rollovers when exiting a highway. toyota is ordering tests on all of their suvs to determine potential problems. the company denying published reports in japan that it is recalling the 2010 gx-460. if you do own one and you are nervous about driving it, toyota is offering a free loaner car until the problem is fixed and identified. the big problem is that the company says, quote, the
this time of year. >> still to come, a worker at toyota risks his job sending a letter to the company's president warning about possible safety problems. hear how the company responded coming up next. i've been growing algae for 35 years. most people try to get rid of algae, and we're trying to grow it. the algae are very beautiful. they come in blue or red, golden, green. algae could be converted into biofuels... that we could someday run our cars on. in using algae to form biofuels, we're not competing with the food supply. and they absorb co2, so they help solve the greenhouse problem, as well. we're making a big commitment to finding out... just how much algae can help to meet... the fuel demands of the world. if it's not there are over 50 international awards we'd better give back. the jaguar xf. the critically acclaimed result of a very different way of thinking. i want to fix up old houses. ♪ [ woman ] when i grow up, i want to take him on his first flight. i want to run a marathon. i'm going to work with kids. i'm going to own my own restaurant. when i grow up, i'm going to
and some are still missing. >>> plus, safety cover-up. the government accuses toyota of skirting the law. the historic fine being leveled against the auto giant. >>> and, bargain hunters. the couple that gives frugal a whole new meaning. your junk becomes their treasures. it's tuesday, april 6th. >> from abc news, this is "world news now." >> good morning, i'm todd connor in for jeremy hubbard. >> i'm vinita nair. >>> we begin with that developing story from west virginia. a coal mine explosion has killed at least 25 workers. >> mine safety officials say it appears that methane gas caused the explosion, just as in the sago disaster four years ago. the mine located in montcoal, west virginia. john donvan reports. >> reporter: there was an explosion at about 3:30 in the afternoon, and it was felt from some distance, as we heard from one of the miners who works there. >> we were on our way to go out to the other side of the mountain on the ueb side. but we got caught up in -- it was almost like a tornado. i mean, we got -- it stopped us dead because we couldn't go any farther because there
at mountain road and this is brought to you by toyota and your toyota dealer. you'll find qualify cars and trucks. toyota, moving forward. back to you, marty and don. >> i'm told that the air force is a day away from the test flight. it's an unmanned shuttle being sent to space tomorrow it will be on orbit for nine months and it could help satellites and other types of surveillance. it's been in development for nearly a decade. >> well, we have drones. >> yeah, and this goes highier. hey, basically, yeah. >>> and speaking of aircraft, isn't there another perspective on the volcano story. our friend, dolly, one of the us airway's coolest flight attendants. she came home from amsterdam and that was the last time she was able to go to work. flight crews are affected. we don't work, we're not getting paid. 300 trips were canceled and she was dressed and heading up north and then it was canceled. she has friends all over with clothes for two days. think about the crews not getting paid. >> and, yeah, they don't pack for a two week trip, but a day's work. >> and speaking of which, my friend
. >>> we're also going to have the new announcement from toyota about its suvs after this latest report of a possible rollover hazard in one of its most expensive lexuses, new in the next half hour. >> all of the freebies we talked about that you're going to get because you did your taxes today we have them listed on our website that's cnn.com/robin. >>> do you need a little help getting out the door on time? you might want to sign up for my free wake-up call, another free thing today. dial 1-800-robin-hln, tell me what time to call. it will be me on the line. >>> if you hate taxes there's no bigger day than today. the tea partiers have big plans all over the country, they're also naming the politicians they want out of office. >>> plus there's no car on the road like this one. how soon before you can buy it? - hello! - ha! why don't you try a home cooked meal... with yummy hamburger helper? oh! tada! fantastically tasty, huh? ummm, it's good. what would you guys like? hamburger helper. what?! one pound... one pan... one tasty meal! 's a youing ic lowi kn [ male announcer ] t1-25[ 4 tht
. that's a live press conference taking place at 6:30 eastern. >>> new details that some of toyotas employees are not happy about how the auto giant handled safety concerns about the faulty gas pedals. the call from one executive came back in january five days before a huge recall. his message was clear. we need to come clean. our deb feyerick is tracking the developments for us this morning. she joins us now. so this was an executive that said, we need to make changes? >> those words, we have to come clean gets a lot of attention. it is clear that toyota executives were scrambling to find out the best way to deal with their huge accelerator problems. one of the company's top public relations executives warned toyota, we need to come clean about the sticking pedals. they are saying that toyota was not protecting their customers by keeping quiet about this. in the e-mail by toyota's recently retired u.s. vice president for affairs, herb miller writes, we have a tendency for mechanical failure in accelerator problems. the time to hide is over. it was sent in january, days before the m
. >> reporter: i would agree, yeah. >>> this does not look good here. a toyota executive sent an e-mail saying "we need to come clean" and it came just a few days before their big recall. jennifer, shed some light it appears on what the automaker may have known about the problem of runaway cars and when they knew it. >> also they knew this was a big deal that needed to be handled and that maybe the culture from headquarters from tokyo, well, not tokyo but from japan wasn't necessarily handling it the way it needed to be handled in the country. in new company documents uncovered an american toyota executive was writing basically to his colleagues saying "we need to come clean about the safety problems, the time to hide on this one is over." now it was sent just five days before the massive recall of millions of toyotas. the memo was obtained by the associated press. toyota has no comment on this e-mail and with all of these court cases coming up they'll probably have a lot of no comments. they're repeating, "we are already acknowledging we know we did a poor job of communicating" and they've sa
saw a 21% jump in march. ford skyrocketed 40%. toyota rose as low interest and financing spikedales. chrysler dropped 8%. >>> here is a story about where you're goingto drive those cars. road construction projects are revving up across the northern virginia. the five megaprojects under way are the beltway hot line, the dulles corridor metro rail project, the interstate 95 widening project, the telegraph road interchange, and the fairfax parkway extension. each project will have day and night time lane closures and long term the tours. drivers can expect many delays during the summer. >>> the department of defense has unveiled a weapons system to protect soldiers and marin on the ground. the package consists of cameras and gps mapping of friends and foes. the inventors say what makes this system revolutionary is the input that the soldiers had in its design. the system can be installed on any track in about 15 minutes and requires very little training. >> a former press secretary to gerald ford has died. this is a picture of him from his time in the ford administration. he was press
orkhertec® products ...ande yo vitam ip. 0%ur. keep yr ng..pl >>> another toyota recall to tell you about. the car maker says it's recalling about 600,000 see ena minivans. toyota says spare tire cables could snap from corrosion, if driving, the spare tire could fall into the road and become a hazard for other drivers. toyota says prolonged exposure to road salts could cause the cables to corod. >>> the pilots who survived this crash wants everyone to know he's okay. a camera mounted on the raisin plane captured the accident. the pilot says it happened so quickly, he's not sure what went wrong. he was practicing for a weekend race when the right wing clipped the water surface and flipped over. he was treated for whiplash injuries. >>> "discovery" is heading home. before sealing the hatches between the spacecraft, the seven shuttle flyers and six people on the spaceation exchanged bear hugs. it could be a long time before so many people are together in space. only three more shuttle flights are planned. they'll have crews of six instead of seven. they're due to land monday morning at
. she might have pretty good insight on how to prevent it. >>> and toyota warned to stop sweeping its pedal problems under the floor mat. warned by one of its own executives before the massive recall. >>> we begin with the landmark with nuclear weapons. the deal limits both country's nuclear arsenals, but doesn't block the u.s. from building a missile shield in europe. president obama hailed the strong relationship that he's built with his counterpart and also said that they're working possible sanctions against iran. live from prague. >>> after days of waiting in west virginia, full rescue mode. looking for four miners. will it be rescue or recovery. today could be the day we get an answer. families prepare for the worst. we're going to have cnn's john roberts from naoma, west virginia in just a minute. >>> and kyrgyzstan, with possible problems for the u.s. and afghanistan. you see, the u.s. has a major air base there used for transit, for troops and equipment. the president has fled that started over rising fuel rates. we'll get more on what's happening in afghanistan coming up in
flying, toyotas. >> the big icelandic volcano. it is called eyjafjallajokull. it blew up in iceland. the cloud is drifting to new york. they say the air quality of the city is improving. iceland has shut down air travel all across europe. apparent pli, they dumped too much baking soda and vinegar into the thing and it just won't stop erupting. 63,000 flights have been canceled. an estimated 40,000 americans are stuck in europe right now because of the ash cloud. president obama had to cancel his trip to poland. this morning, he said he hopes the volcano will stop smoking soon and the volcano said the same thing about him. >>> rob marciano, not a lot of people laughing that we are hoping to get to weddings, honeymoons, funerals, you name it. >> not to mention the economic impact of all this. >> farmers are suffering because they can't get their stuff in and out. >> you know what makes it so complicated and so unpredict ability, when you go to the surface to 30,000, 35,000 feet, the winds change direction and speed at every level of that atmosphere. so you just don't know where the as
. detectives questioned him about the rescue and they're calling him a hero. >>> toyota is telling dealers to stop selling the new lexus gx460 for now after "consumer reports" said it is not safe. jennifer westhoven, what is the latest? >> thanks, natasha. the latest, toyota is going to temporarily stop selling this expensive suv that's been called a safety risk, asked dealers to stop selling the new 2010 lexus gx460 after "consumer reports" said don't buy it, afraid it wasn't safe enough to drive. the magazine rarely says don't buy about any kind of a car, hasn't done that in almost ten years but it was concerned. they took it through a lot of test drives and concerned on a tight turn like an exit ramp or on a turn and there was an obstacle and suddenly you had to brake there were concerns it was too likely to rollover. toyota and lexus are determined to identify and correct the issue that "consumer reports" identified." >> jennifer, thank you very much. >>> we've got brand new video of the little boy sent back to russia by his adoptive family in tennessee. the boy will celebrate his eigh
in the possession of former edwards aide andrew young. >>> the massive toyota recalls could lead to major changes in how your next car is made. our money expert jennifer westhoven is here. whether it's toyota or not? >> we are talking about what could be the most sweeping legislation aimed at making your car safe since the ford firestone tires fiasco about a decade ago. your next car may have brake override systems, black box ps all under this new motor vehicle safety act. they'll have hearings next week in washington. it means automakers could be hit with much bigger fines. we talked a lot about how the fines right now are barely even a slap on the wrist. currently just $16 million they're capped at. the government said, if there hadn't been a cap, it could have fined toyota $18 billion. now, of course, it probably wouldn't, right? that's crippling. they're trying to show you $16 million is nothing for a company like toyota. if the proposed new rules had been in place, toyota could have faced a fine four times higher. >> affecting all of us, whether you're driving toyota or not. >>> colombian si
to fly over the volcano to get a better look at what's going on. >>> we have another toyota recall to tell you about. the car maker says it is recalling about 600,000 sienna minivans. cables could snap while driving. the spare could fall into the road and become a hazard for other drivers. but only affects siennas in cold-weather states. >>> haiti's top prosecutor denies the country dropped charges against american missionaries accused of kidnapping 33 children after january's earthquake. yesterday, a spokesman told cnn the kidnapping charges against nine missionaries were dropped. but haiti's attorney general said that is incorrect. adding that a judge will decide whether a case goes to trial or not. a senior state department official also told cnn the charges were dropped. the missionary group's leader is still behind bars. >>> convicted sex offender john gardner pleaded guilty to killing a 17-year-old and a 14-year-old. in june, he is expected to get two consecutive life sentences without the possibility of parole. his plea spares him from a possible death sentence. the families
its future should be? we'll be sharing some of your views. >>> noir another toyota recall to tell you about. they're recalling about 600,000 sienna minivans. spare tire cables could snap from corrosion. if that happened while you're driving, the spare could fall into the road and become a hazard for other drivers. this recall only affects siennas in cold-weather states. prolonged exposure to road salts could cause the corrosion. >>> the pilot who survived this wants everyone to know he's okay. he's also thanking the rescue crews who rushed to thank him when his plane crashed into australia's swan river. a camera mounted on the plane captured that accident. you just saw it. the pilot said it happened so quickly he's not sure what went wrong. he was practicing for a weekend race when his right wing clipped water surface and flipped over. he was treated for whiplash injuries. >>> space shuttle "discovery" is heading home. it left international space station a few hours ago. before sealing the hatches between spacecraft, the seven shuttle flyers and six people on the space station exchang
. >>> still to come in the "newsroom," days before toyota's massive recall in january, a warning to the company from one of the executives. we'll go live to new york to find out what this internal memo had to say. john is a ford and lincoln mercury service technician. very smart. we were just discussing the circumstances by which a person can find himself in four separate places at one time. i didn't really say that. but people come in here for tires, brakes, batteries and oil changes. so it's possible? yes. oh that's brilliant. buy with confidence. thanks to our low price tire guarantee. so, with everything you need in one convenient place why would you go to four separate places? now that's a good question. well, there you go. >>> two hours into the trading day. let's get a quick market check for you right now. you know, it's not just the dow that is down. the nasdaq is down as well. could you give me a number on the nasdaq? i forgot it already. the dow is down 29 points. again, down eight, the nasdaq is down eight. two hours into the trading day. we'll follow both sets of numb
are betting most companies will post gains. we've already heard from toyota at new york's auto show on wednesday, a top toyota executive said incentives pushed sales 40% higher in march. >>> amazon is bracing for the ipad. the online retailer has struck new e-book pricing deals with two major publishers just days before apple's launch of the new tablet computer. that's expected to take business away from amazon's kindle. the agreements will allow both publishers to set their own prices. apple has already made similar deals. >>> the home buyer tax credit which expires at the end of april sparked a huge rush in mortgage applications last week and industry reports says home loan applications rose nearly 7%. that's the largest number of applications since october 2009. >>> and this is census day. the government hopes you'll return the forms sent out over the past month or so, but be sure to be careful, there are scam artists sending out phony forms to try to steal your personal information. the official paperwork will never ask for your social security number, bank account information,
, you know, reinvent itself and re-gain public trust. most recently toyota, correct? we saw commercials on the air all over the place. i'm wondering what goldman will actually do to restore public trust in the company. >> you make a good point with the toyota comparison, too, and others have pointed out to me that america loves to find a corporate villain when there's something going wrong. high energy prices and oil companies were the villain. high drug prices and drug companies were the villain and maybe rightfully so, but we've moved on in some cases from those debates and now it is goldman sachs and wall street that is in the crosshairs. will we move on from this again or is senator carl levin and this committee and others including the sec going to get to the bottom of the behavior that may have led to the bubble and make some real changes? we're still in the thick of it. you remember the toyota ads, was there a bit of an apology to that and mistakes were made, but the acknowledgement that the company made mistake, we certainly remember that from toyota's lesson. >> and lloyd blank
or so, officials from toyota have now reported that they are taking one of their very popular models off the market after an extremely rare warning from "consumer reports" magazine. it says do not buy the lexus gx 460. toyota owns the upscale lexus brand. "consumer reports" says the suv has a problem with its stabilization system. in short, it could just roll over. drivers for the magazine reported a fishtail effect that could cause the vehicle to upend itself. toyota now reports it will at least for now stop selling the gx 460. we're told the company will conduct its own tests on the suv and then decide what to do next. toyota is already suffering a bruised reputation after it recalled millions upon millions of vehicles because of the problems with their accelerators. now to the adoption outrage and word that the woman who sent back her adopted son with a note attached did it even while she was trying to get another child for adoption. the report comes from abc news information from sources at the sheriff's department. remember the woman in shelbyville, tennessee adopted this kid from r
? here's what we got on the run down. toyota's new luxury model suv taken on a test drive. the testers didn't like where they wound up. now they're telling you actually not to buy this. how big a deal is it? i'm going to talk to a top tester at consumer report and a mechanic. >>> plus, does the booef in your fridge contain pesticides, veterinary drugs, even heavy metals? a federal says it might and is blaming the federal government for failing to keep it out of your food supply. >>> also another shake-up in late night. george lopez is getting shaken. this time he's laughing it off. well, maybe. i'll show you what he had to say. >>> but first, don't buy safety risk. those strong and rare words from consumer reports magazine. very trusted source. feeding a public relations nightmare for toyota. carmaker's new luxury suv, the 2010 lexus gx460 is coming under fire for "consumer reports" which says it may be prone to rollovers in merge handling situations. get into what that means in a bit. testers for the magazine say they does covered the problem during the routine test of the suv. that o
's interesting. >>> toyota is now recalling cars because of a deceleration problem. jennifer westhoven, good morning. this is the toyota sequoyah suv. you come to a stop sign, and you go to hit the gas, and the acceleration is not catching. this is for the 2003 models. if you have one, contact your toyota dealer for repairs. >>> let's check your family finances two new resources. the new york stock exchange has a site called money sense for advice for saving for retirement, taking out a loan, creating a household budget. maybe if you don't have a 401(k), you may feel i don't know where to go on the web to learn these things. here's something for when you want to teach your kids financial lessons. they are making a e ing ing a cd warren buffett secret millionaires club. he has simple lessons kids could learn. he says things like derivatives are weapons of mass destruction. >> he's classic for the one lines. >> they there will be 26 episodes that will be online to help kids form good money habits. back to you. >> kids of all ages. we can all tune in. >>> the other woman in the john edwards sca
insisting the vehicle is safe. we'll tell you what else toyota is saying that moment. >>> two of al qaeda's leaders taken out during a u.s. raid north of baghdad. we'll tell you what the sign of strength might mean for u.s. troops in the region. >>> the a.m. fix blog is up and running. the conversation is ongoing right now. we would like to hear from you about anything in the news. go to cnn.com/amfix. we'll be reading your comments throughout the morning. >>> first though, the volcano eruption is getting stronger this morning sending a new plume of ash 15,000 feet into the sky. fr forecasters say it's spreading over the u.k. and could complicate flights this morning, especially in london. europe's air traffic agency says less than a third of flights scheduled to take off yesterday actually got off the ground. millions are still stranded on both sides of the atlantic and thousands living out of carry on bags at airports all over the board sharing soap and living off of in-flight snacks. the state department says 40,000 americans are stuck in great britain alone. rob marciano has the
, breaking news on the consumer from steve liesman and smoking gun at toyota. e-mails sent in january warning the company it should come clean about its recall problem. all that still ahead as "squawk box" continues. >> announcer: as we head to the break, here's a look at the widely held stocks. "squawk box" on cnbc returns after this. we are first in business worldwide. >>> here's a disturbing story. a senior toyota executive tried to warn the automaker that it needed to "come clean" on a safety defect affecting accelerator pedals according to an e-mail sent back in january. phil lebeau joins us now with more. phil? >> it was sent from erv miller who retired from toyota shortly after the recall of defective pedals was sent out. it's one of 70,000 documents being looked at in washington and the damaging part of this e-mail from erv miller says that we have a tendency for mechanical failure in accelerator pedals of a certain manufacturer on certain models. we are not protecting our customers by keeping this quiet. the time to hide on this is over. we need to come clean. i believe that jim lent
things and they all work. >> toyota buckles up and bears down in the face of another public relations headache. we'll tell you why a consumers group is urging people to not buy this luxury suv model. >>> toyota takes another hit. consumer reports is issuing a stern warning to car buyers not to buy the lexus gx 460. stephanie elam in new york to explain why. it's one problem after another for toyota. >> seriously, kyra. as far as "consumer reports" is concerned this particular issue is a serious one. the magazine put a don't buy warning on the lexus gx 460 suv and it hasn't used that warning in nine years. the problem is safety. "consumer reports" found the suv has a high risk of roll overs. the electronic stability control failed to keep the vehicle in line during tests. as for tote a it's going to try to duplicate the tests, but in the meantime the automaker says the 2010 gx 460 meets or exceeds all federal requirements. >> toyota is already dealing with a pr nightmare because of january's recall, i mean, 8 million vehicle. what does the latest wrinkle mean for the company? >> well,
the 2010 lexus gx460 by toyota can spin out, actually spin out in tight turns and can roll over. the magazine is urging people not to buy that particular suv until the problem has been fixed. in a statement, toyota says it is concerned about that finding and will look into it, adding, quote, the gx 460 meets or exceeds all federal government testing requirements. >>> in west virginia, the focus shifts from recovery to investigation. early this morning crews brought out the last nine bodies of the 29 miners killed and yesterday afternoon, one week after the explosion. a memorial for the miners at the state capital. a moment of silence and expressions of gratitude. >> all of the people who came forward to help during that period of time, all of the people that gave of themselves and so much to make sure that they could ease the pain. >> no word yet on when investigators will go inside the upper big branch mine. a couple offed spacecraft almost became their floating tomb. apollo 13 astronauts remember their unlucky mission 40 years ago this week. >>> a spring snowstorm targets the
problems for toyota. consumer reports -- it's one thing for consumer reports to say you might want to avoid this one. consumer reports put the stamp do not buy on a luxury vehicle from lexus. we'll give you the details. plus they take a chunk out of every one of our paychecks but how does the u.s. government spend our tax money? have you ever wondered where your money goes? there was no way to figure it out but there is now. the new fox news taxpayer calculator and you're going to want to see this coming up next. for the first time in nine years consumer reports magazine is warning readers do not buy a certain vehicle. it's made by toyota owned lexus. according to this magazine, the 2010 lexus gs460 surface from a serious rollover risk because the electronic stability control system doesn't work, they notified nhtsa and lexus plans to retest the vehicle. the latest black eye for toyota already forced to recall more than 8 million vehicles because of safety problems. >>> more on this on our website. >> it's all your money. the big day is almost upon us, tax day in the u.s.a.! how is the gove
to about 10%. >>> u.s. safety officials are saying just so you know, they could have fined toyota more than $13 billion. meaning that's how much the fine could have been if there hadn't been a cap on that. the law does cap the fines of 16 million, you may remember that federal officials, the nhtsa, did fine toyota $16 million. a lot less, $16 billion, though, they're saying is what it could have been. now the agency is also saying it's considering a second fine because, according to it, it says there were two separate defects in gas pedals. toyota says it has taken steps to improve communication so it wouldn't be on the hook for that fine, susan. basically what they said was, they found out about it. they're supposed to tell the government five days. they waited two months is what the government says happened. >> all righty. jen, thank you for that. appreciate it. >>> if you've done it lately, you know moving can be a pain, a chore. but it can be even more daunting for older folks. stephanie elam tells us about a company that takes the heavy lifting out of the process in this "small busines
: check it out. if you thought the negative news surrounding toyota would hurt the company, guess again, u.s. auto sales surged 40 percent in the month of march, powered by some of the deepest discounts ever in the wake of millions of recalls, a lot of financing for five years, free. toyota execs saying some of the incentives will continue, including what i mentioned, zero percent financing, and an offer of free maintenance for return toyota customers. the buy-in is good, huh? martha: wasn't expecting that, right? >>> one of the big questions on the peoples' minds, is the economy, is it getting better really? here's what we know, 439,000 new jobless claims this week, that's the number we follow every week, that one dropped by 6000. that's a good thing, it's been dropping in fact for several weeks by small increments. but the question today, how does this set us up for a very big number the white house is going to watch closely, wall street is going to watch closely, the all-important jobs report. meanwhile, overall, 11.1 million people have filed unemployment claims in this country. that i
's causing all of this? >> it really is if you're ready to buy a car, do it the right way. we know toyota in the past didn't have to offer incentives. they had the best-selling model car eight of the past ten years. people were buying toyotas even without the incentives. but because of course all the recalls, the bad publicity, sales dipped tremendously low and they were forced to offer incentives and they're pretty big, on average over $2,200 per war. they have taken their market share up 41%. they almost doubled their sales in march from february. and these incentives are totally fueling this. now, the other automakers are seeing this. they're losing some market share. they know they have to keep up. it's like if you have a gas station a half-mile down the road and you own the other gas station, if he cults his price by ten cents, you have to follow. it's really kind of -- it drags actually the whole industry down in terms of incentives. there's a lot of peer pressure here and fighting for everyone's dollars. >> do you have some examples of what different carmakers are offering? >> this
off before the end of june. >>> toyota is recalling its lexus gx 460 suv to fix those stability control problems. that is the model consumer reports warned consumers not to buy two weeks ago. their tests showed the suv skidded out of control during sharp turns. toyota is offering to update the stablts control software in the lexus and land cruiser model. >>> last year's cyber attack on google put the private information of millions at risk. intruders from china broke into systems giving access to multiple google services with just one logon. the passwords of gmail users were not involved. but still, the information may help hackers find other vulnerabilities at google. >> it sounds like google wasn't the only company hit. numerous others had the same problem. >>> coming up on this tuesday morning, an overnight earthquake area not used to shaking ground. >>> plus, we will visit the top of the iceland volcano, covering parts of that nation in a thick layer of ash. >>> and one of apple's most closely-guarded secrets, left behind in a bar. >>> now, for a look at morning road conditi
. "consumer reports" issued a safety warning on toyota's 2010 lexus gs 460 suv because of an increased roll-over risk during a turn. the magazine says it uncovered the problem during routine tests and is urging car shoppers not to buy the gx 460 until this problem has been remedied. toyota owns lexus. it's the first time the magazine has issued a don't-buy recommendation on a toyota product. toyota says it will try to duplicate the "consumer reports" test to determine if appropriate steps need to be taken and that consumer safety and satisfaction remain their highest priority. so that's the lexus suv. the gx 460. >> more problems for toyota. >> bleeding over into lexus, which is the one place that the damage has been contained had never been smearing on lexus until now. it's terrible. >> andrew, by the way, you wrote an article today in "the times" talking about how the banks have actually paid back their money. correct? >> you know, it's absolutely right. i wanted to take a look at the idea that maybe these bailouts, in their own way, have worked, from a mathematical perspective. we're now
'll share. plus toyota recalling more cars because they're slowing down this time? we're not kidding. and mercedes-benz finds a very interesting place to park. how the car got there. that's coming up next. and happy birthday to uma thurman. it seems like words are missing in her first name. they aren't. it makes sense now. she's 40 today. she's tall, lanky. thanks to the new venture card from capital one, we get double miles with every purchase. so we earned a tropical vacation in half the time. we earn double miles every time we use our card. ( shouts ) double miles add up fast so we can bring the whole gang. ( grunting ) awesome! it's hard to beat double miles. everyone knows two is better than one. introducing the venture card from capital one... with double miles on every purchase every day. go to capitalone.com. ( gasps ) what's in your wallet? wait up! go to ♪ pitalone.com. [ male announcer ] over the past 50 years, toyota has been proud to be a model of quality car making. but recently, the safety of our cars and trucks has come under question. and at toyota, is is something
its reputation. >>> more trouble for toyota this morning. the company's recalling 600,000 sienna minivans due to possible corrosion in the cable for the spare tire air icarrier, for mo between 1998 and 2010, those driven in cold climate regions. rust from the road salt could cause the cable to snap and break. toyota says it's duplicated handling problems with the 2010 lexus gx-460. "consumer reports" issued a rare "don't buy" bank because of the rollover concerns. toyota is evaluating remedies. >>> a wisconsin man may have found a piece of the meteor that cut through the midwestern sky this week. residents from northern iowa to wisconsin spotted the streaking space rock. scientists are examining the recovered fragment, which is about the size of an unshelled peanut. earlier reports indicate it could be from between mars and jupiter. >>> in pittsburgh, thunderstorms downed several trees causing widespread power outages. expecting at many -- affecting as many as 70,000 residents. let's get a check of the weather in your area. alex wallace joins us from the weather channel in atlant
. >> reporter: so, how did ford change its car and its business? ironically, ceo alan mulally, used toyota as his model as he turned ford around. >> every vehicle would be best in class, in terms of quality, fuel efficiency, safety, smart design and very best value. >> reporter: to get there, ford went back to the drawing board, designing sturdier, safer cars. it added more testing to each step of the assembly line. and marketed the changes relentlessly. >> look at you talking me into a ford. >> i know. you should really try it. >> they went head-to-head with the impulse on quality, which is something they avoided a few years ago. >> reporter: "consumer reports" now finds 90% of ford average or better in reliability. in crash tests, ford models share top safety rates. american consumers are finally taking notice. and not just with ford. giving u.s. automakers, new respect for the first time in years. look at the change in the matchup with asia. four years ago, the united states ranked behind japan. today, u.s. cars are ahead. >> it's an incredible turnaround. i mean, who would have believe
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last month, 30% mo, in fact. some of the credit from that can be given to toyota. they offered a lot of incentives because of all their problems with gas pedals. they got into a price war with general motors. ford saw a jump in business, but ford people credit higher than normal demand for their fusion and taurus cars. one analyst says the surge in sas is a sign the struggling industry is finally on the road to recovery. >> what we are seeing right now, and i believe we are seeing a turn in the auto industry that is sustainable. >> reporter: chrysler was the only one that didn't do well. their sales dropped by 11% in march. >>> washington's catholic archbishop washed the feet of 12 people tonight to commemorate holy thursday. the mass of the last supper was held in the cathedral in northwest. the washing of feet is meant to an act of humility similar to christ washing the disciples feet at the last meal they shared with him. >>> we know we are going to like what you say, veronica. >> say it again. >> it's going to be incredibly nice across the area for the entire weekend coming up. m
relegated to a role of helping the government discern engineer problems in toyota cars that essentially nasa, that got us to the moon, is now mr. good wrench. >> well, you look for the best talent and if you have a car problem and you want to find what the best talent is to look at a problem, looks like you may go to nasa. >> neil: you don't believe that, buzz? you went to the moon, discovered and done things that are historic. and now, you're nasa people looking under the hoods? its ridiculous. >> all right. i'm not here to talk about toyota. >> neil: next week the president makes a big speech, talk to get nasa core stars, veterans, you're going to be there and other big heroes will be there. but he's talking about downsizing nasa, right? >> i don't know as that's the case. the budget is increased now. >> neil: the post shuttle effort is nixed, right? >> well, we're going to save money because we spent about $9 billion and 5 to 6 years going down a pathway that was unsustainable jot president more or less said that. >> yes, that's right. >> neil: but i thought he nixed, buzz, the revisit th
's forecast looks better. >>> toyota is announcing another recall, it is a 2010 lexus gx460, which "consumer reports" said could roll over when you make a high speed turn. toyota insists the luxury suv is still save as long as you take the turn slowly. a software update will fix the problem. for more information about g to cnn.com/rob cnn.com/robin. >>> arizona has just passed one of the toughest immigration bills in the country. it still needs the governor's signature but it would basically require officers to check the documents of anyone that they suspect might be in the u.s. illegally. correspondent richard lui, the critics say that this is legal racial profiling. >> what they do is believe these critics do, it leaves it up to the officers to basically make the determination if one looks like they're an an illegal citizen. alejandra gomez is afraid all latinos will be a target of police harassment if the government signs this bill into law >> right now the way things are being targeted is that all latinos are undocumented and that's absolutely not true. i'm a citizen and i'm if i'm pulle
rebook her is sunday. rachel martin, abc news, dulles international airport. >>> toyota says it will pay the largest government penalty ever against an automaker. the company today will approve paying a $16.4 million fine. the transportation department had proposed the fine because toyota waited four months to report the gas pedal defects that resulted in the recall of millions of vehicles. >>> a financial reform bill is expected to be brought to the senate floor this week. the bill's supporters say it changes some of how wall street's biggest players do business. critics don't think so. but as david kerley reports that isn't getting the obama administration down. >> it may not have sounded like it with republicans saying the bill should be scrapped, they should start off with a bipartisan effort. but the administration says it's confident that financial reform is going to pass soon. and the treasury secretary believes he'll even get some republican votes. >> i believe that we are very close on this. that we agree on the vast bulk of the things necessary to end too big to fail, protect t
. tomorrow -- five weeks. tomorrow will see the key march employment numbers come out, and toyota sales are booming in japan, up 50% last month. ford sales in china and local partners there, they jumped about 84% in the first quarter. let's get to eric bolling from fbn. what's going on here? >> well, initial claims which is the weekly number, they dropped 6,000 so that means 6,000 fewer people than the last week applied for unemployment insurance. that's the good news. a little bit more good news, tomorrow it looks like most analysts and most economists expect jobs to be created for the month of march. that's only the second time a month had job creation and last time was a year ago march, 64,000 jobs were created, and we've seen just month after month of job losses. so tomorrow the expectation is anywhere between 175,000 jobs created and 200,000 jobs created. the other piece of good news. now a little bit of the bad news, a lot of that job creation tomorrow ising with attributed -- being attributed to two major factors. number one, the census. the census has hired hundreds and hundreds
last year. toyota, honda and gm reported gains. ford sales up 43%. toyota was behind with 41% sales increase. honda and gm both reported increases of just over 20%. chrysler was the one dim spot with sales falling about 8%. >> active volcano in southern iceland is getting bigger and the images more spectacular. new brake is about 300 yards long and it opened up yesterday. producing new fountains of hot lava. geologist space it is not proving a threat prove ing a it is something to see. >> really incredible. beautiful. >> especially at nighttime. quite beautiful. >> i told you new york made both the lists. they didn't. they were the ones that paid proportionately less than the other states. >> okay. punishment is you have to fill out your census form. meanwhile, veronica will do the weather while do you that. >> you can probably get it done, barbara in three minutes. don't worry about it. >>> one of my favorite times of the year. i don't know about you but spring -- so nice out there today. with low humidity and the morning temperatures across the area, there is our gorgeous shot. to
cars and trucks has come under question. and at toyota, this is something we don't take lightly. that's why we're making fundamental changes inside our company, to communicate with customers better, and respond to their needs faster. in addition, we're currently spending over a million dollars an hour to enhance the technology and safety of our vehicles. the result? our comprehensive star safety system is now standard on every vehicle we make. ♪ don't get us wrong, we know actions speak louder than commercials. but just know, your safety will continue to be a top priority in any, and all of our decisions. ♪ . >>> our series on the high cost of health care starts with medical fraud. with more than 10% of all medicare spending stollen. president obama says there will be a crackdown on health care reform. is that realistic? this afternoon, i went to boston to visit one of the best fraud investigators. his name is henry, a financial analysis who flagged the bernie madoff scam before anyone else. he warned regulators again and again and nothing was done about it until late and he wrote
numbers today. analysts betting most companies will post gains. we heard from toyota at new york's auto show. a top executive said incentives pushed sales 40% higher in march. >>> amazon bracing for the ipad. the retailers struck new e book pricing deals with two major publish is days before apple's launch of the new tablet computer expected to take business away from kindle. dema apple already made similar deals. home buyer tax credit expires at the end of april sparked a rush in mortgage applications last week. industry reports says home loan applications rose 7%. largest number of applications since october 2009. and this is census day the government hopes you will return the forms. there are scam artists sending out fony forms to try to steal your personal information. the paper work will never ask for your social security number, bank account information or signature. if you think you are scammed contact your bank credit bureaus and local authorities. everybody could be a scam. you have to be careful. >>> just ahead on the morning news f
used toyota as his model as he turned ford around. >> every vehicle would be best in class in terms of quality, fuel efficiency, safety, smart design, and very best value. >> reporter: to get there, ford went back to the drawing board, desighing sturdier, safer cars. it added more testing to each step of the assembly line. >> swap your ride for an escape -- >> reporter: and marketed the changes relentlessly. >> look at you talking me into a ford. >> i know, you should really try it. >> really going head to head with the imports on quality, which is something they avoided a few years ago. >> reporter: "consumer reports" now finds 90% of fords average or better in reliability. in crash tests, ford models share top safety ratings. american consumers are finally taking notice, and not just with ford. giving u.s. automakers new respect for the first time in years. look at the change in the matchup with asia. four years ago, the united states ranked behind japan. today, u.s. cars are ahead. >> an incredible turnaround. who would have believed just one year ago that we'd see this kind of t
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